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ProSight Enhances Portfolio Management Software to Simplify Enterprise Adoption.


Business Editors/High-Tech Writers

METAmorphosis metamorphosis (mĕt'əmôr`fəsĭs) [Gr.,=transformation], in zoology, term used to describe a form of development from egg to adult in which there is a series of distinct stages.  PLUS! 2003 Conference & Technology Showcase

CHICAGO--(BUSINESS WIRE)--May 20, 2003

ProSight Portfolios 4 Features Extend Applicability of Portfolio

Management Beyond IT; ProSight Portfolios Optimize optimize - optimisation  Enhances

Value and Decision Guidance

ProSight Inc., the experts in portfolio management, today announced at the METAmorphosis PLUS! 2003 Conference & Technology Showcase in Chicago the release of ProSight(R) Portfolios 4, the newest version of its industry-leading portfolio management software, and introduced ProSight Portfolios Optimize, a new product that greatly enhances the value of ProSight Portfolios existing capabilities to support decision impact analysis. Both offerings reinforce ProSight's resolute res·o·lute  
adj.
Firm or determined; unwavering.



[Middle English, dissolved, dissolute, from Latin resol
 focus on developing products that raise portfolio management from an "IT projects"-focused discipline to an enterprise-level practice.

"Discovery Communications was eager to partner with ProSight on the BETA testing (programming) beta testing - Testing a pre-release (potentially unreliable) version of a piece of software by making it available to selected users. This term derives from early 1960s terminology for product cycle checkpoints, first used at IBM but later standard throughout the  of ProSight Portfolios 4, and we're pleased to learn first-hand about the release's new features," said Giles Davidson, director of Program Planning and Portfolio Management at Discovery Communications Inc. "With the enhanced security and new dependency features, we will be in a position to deploy the application across our organization, enabling us to share both discrete knowledge and consolidated information to make our portfolio management process truly collaborative while protecting sensitive information. The enhanced security features also provide us with the confidence to meet executive reporting requirements by utilizing static information that cannot be changed without specific authorization."

In direct response to customer requests, the fourth major release of ProSight Portfolios has been enhanced with security features that organize investment information more intuitively, satisfying business requirements for individual access in a shared-portfolio model. Teams can work within their own areas, using capabilities that solve their unique problems while sharing critical information important to all. This data protection capability supports the latest cyber security standards Cyber security standards are security standards which enable organizations to practice safe security techniques in order to minimize the number of successful cyber security attacks. These guides provide general outlines as well as specific techniques for implementing cyber security.  for large-scale enterprise use.

As ProSight's customers continue to extend portfolio management to diverse groups, recognizing the impact of each decision across investments and functional areas has become even more critical. ProSight Portfolios 4 was designed to facilitate this decision-impact analysis by detailing investment relationships and dependencies. By understanding these relationships, organizations can highlight connections among investments and demonstrate the potential ramifications ramifications nplAuswirkungen pl  of actions on the portfolio. Additional features also satisfy customer requests for managing documents in native formats and extending popular existing functionality in areas like simplified navigation and advanced function analytics.

Modeling scenarios and performing what-if analysis remain among the most popular uses of ProSight Portfolios. To enhance this functionality and extend the value of the data, ProSight created ProSight Portfolios Optimize, a new complementary product for ProSight Portfolios. The additional software extends the value of what-if analysis by providing a simple means for rapidly generating multiple scenarios and modeling potential portfolios. By providing multiple "futures," ProSight Portfolios Optimize demonstrates the consequences of decisions before costly purchases or implementations. Using the software to make the right decisions the first time, organizations save time and money.

"With ProSight Portfolios 4, and ProSight Portfolios Optimize, we offer the features our customers need most -- those that enable them to extend portfolio management to the enterprise level," said Mark Lawler, chief technology officer at ProSight. "ProSight Portfolios gets the right information in front of the right people, more efficiently and more intuitively, enterprisewide."

About ProSight Portfolios 4

ProSight Portfolios 4 is designed to support the portfolio management needs of today's extensive -- and sometimes fragmented -- companies. The application provides a complete, automated au·to·mate  
v. au·to·mat·ed, au·to·mat·ing, au·to·mates

v.tr.
1. To convert to automatic operation: automate a factory.

2.
 portfolio management solution for all levels of the organization -- from graphical investor maps for executive analysis to the underlying management systems that support project managers, team leaders, and professionals throughout your organization.

Built for Microsoft Windows See Windows.

(operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then.
 2000 Servers with support for Oracle and SQL Server An earlier relational DBMS from Sybase and from Microsoft. Sybase introduced SQL Server in 1988 for various Unix versions. In that same year, with help from IBM, Sybase created an OS/2 version that Microsoft licensed and branded as Microsoft SQL Server. , the application runs in a Web-browser environment at client stations, enabling organizations to share and deploy the application, as needed as needed prn. See prn order. , using a simple Web address. At Beta sites An organization or group that is beta testing hardware and/or software. See beta test.  now, ProSight Portfolios 4 and ProSight Portfolios Optimize will ship in June.

About ProSight

ProSight, the experts in portfolio management, combines software with services and knowledge resources to equip e·quip  
tr.v. e·quipped, e·quip·ping, e·quips
1.
a. To supply with necessities such as tools or provisions.

b.
 companies with effective oversight of investments, resources and performance, enhancing business results and strategic collaboration -- enterprisewide. ProSight is headquartered in Portland, Ore.

For more information, please visit www.prosight.com. For more information on portfolio management, visit www.portfoliomgt.org.

About META Group

META Group is a leading provider of information technology research, advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
, and strategic consulting. Delivering objective and actionable Giving sufficient legal grounds for a lawsuit; giving rise to a Cause of Action.

An act, event, or occurrence is said to be actionable when there are legal grounds for basing a lawsuit on it.
 guidance, META Group's experienced analysts and consultants are trusted advisors to IT and business executives around the world. Our unique collaborative models In psycholinguistics, the collaborative model(or conversational model) is a theory for explaining how speaking and understanding work in conversation, specifically how people in conversation coordinate to determine definite references.  and dedicated customer service help clients be more efficient, effective, and timely in their use of IT to achieve their business goals. Visit metagroup.com for more details on our high-value approach.

ProSight is a trademark of ProSight Inc.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:May 20, 2003
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